Swiss pharmaceutical company saves – hundreds of jobs in Switzerland, thousands worldwide: Novartis boss specifies reduction plans

Hundreds of jobs in Switzerland, thousands worldwide: Novartis boss specifies reduction plans

Vas Narasimhan, head of the pharmaceutical giant Novartis, wants to save around a billion dollars with job cuts.

Consolidation costs jobs

After a good start, Narasimhan’s performance is increasingly being judged critically.

Novartis boss slows down when making acquisitions